[IMGCAP(2)]When anonymous industry sources were previously interviewed in the July story about Colliers International--which the four companies are members of--and GVA Williams, they said that Colliers ABR would be the main question mark in a potential merger deal. "GVA Williams does export a lot of corporate business, that is not Colliers ABR's motivation," one source said. "The way Colliers International works is that ABR is a franchisee and there is no ownership link, so it would stand on its own in New York."
Industry sources now tell GlobeSt.com that with this recent merger news, the question is nearly answered. The true motivation is most likely that this merger cements ABR's position within Colliers International, one source says.
Another source notes that there is now less risk for Colliers ABR to be isolated because it will now be part of the parent company. This merger makes sure that ABR is not marginalized when a GVA Williams-Colliers deal comes to fruition, the source says, which GlobeSt.com is told should be "near the end of the month."
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
Paul Bubny
Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
